On 17 June 2014, officials from Austria and Montenegro signed an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Montenegro corporate profit tax and personal income tax. It Austrian income tax, corporation tax, land tax, the tax on agricultural and forestry enterprises, and the tax on the value of vacant plots.
Withholding Tax Rates
- Dividends - 5% if the beneficial owner is a company directly holding at least 5% of the …